| Business Summary | | Moto
Photo,
Inc.
is
engaged
in
the
franchising
and
ownership
of
stores
offering
one-hour
photo
processing
services,
portrait
and
related
imaging
services
and
merchandise
under
the
trade
names
and
service
marks
of
MOTOPHOTO,
ONE
HOUR
MOTOPHOTO
and
ONE
HOUR
MOTOPHOTO
&
PORTRAIT
STUDIO.
The
operating
segments
of
the
Company's
business
are
Development,
Royalty
and
Advertising,
Wholesale,
and
Company
Stores.
Development
markets
the
Company's
franchise
and
recruits
franchisees.
Royalty
and
Advertising
provides
services
to
current
franchisees.
Wholesale
sells
to
franchisees
products
and
related
services
not
covered
under
the
franchise
agreement,
which
the
franchisees
need
to
operate
their
businesses.
Company
Stores
operates
retail
photo
processing
and
portrait
stores
owned
by
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Moto
Photo,
Inc.
franchises
and
owns
stores
offering
one-hour
photo
processing
services
and
related
services/merchandise.
As
of
12/98,
the
Co.
operated
427
stores.
For
the
three
months
ended
3/31/01,
revenues
decreased
13%
to
$6.4
million.
Net
loss
applicable
to
Common
increased
14%
to
$819
thousand.
Revenues
reflect
a
reduction
in
supplier
contributions
for
new
store
openings.
Net
loss
also
reflects
the
absence
of
an
income
tax
benefit. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
8,386;
after
tax
earnings
were
110. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Adler, 64 Chairman | $235K | Lawrence Destro, 54 CEO | -- | Frank Montano, 49 Pres,
COO | 176K | David Mason, 60 CFO,
Exec. VP-Fin., Treasurer, Director | 135K | Alfred Lefeld, 42 VP,
Controller | 111K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|